Hello all,
Relatively new to real estate investing, Ive done two deals and the third is in progress. Everything is going well, and im ready to form an LLC. I have checked out several websites and asked a few friends and found that prices start as low as $100, all the way to $1000 or more. And then Ive seen the do-it-yourself packages for around $300. What should I “really” expect to pay, And is it “safe”( Hard to screw up!) to attempt yourself.
thanks alot.
not hard to do yourself if you’re comfortable with legal forms.
to help you compare, I charge $200 plus the state fees. for this I provide:
if you do it yourself, be sure to make appropriate tax elections and get a management agreement. it’s an important document that often gets overlooked.
If you pay more than a few hundred, you probably aren’t getting your money’s worth. You don’t need fancy record books and complicated structures. places that sell all that are only trying to separate you from your money.
thankyou very much for your help,